Top 5 Free CPD Courses for CPA License Renewal

CPA in Canada needs continuous professional development to stay competitive and relevant to the industrial changes. They must choose suitable courses for CPD, which are more trending and relevant to CPA-CPD board requirements.  

There are multiple free CPD courses for CPAs to earn CPD credits. But how and where can you earn this? 

Before selecting a course, you must look after factors such as industry relevancy, market trends, and the impact of the course on your personal and professional growth without spending much. Here are some free CPD courses for you to check out!

Top 5 Trending Free CPD Courses by MY-CPE

With a wide range of content by MY-CPE, professionals can precisely focus on developing key areas they are interested in learning to improve their skills. The customized package targeting the specific subject area enables the professional to get the current, updated knowledge and their practical business implementation. 

MY-CPE offers-

• 5000+ hours of course content.
• Advance Certification Programs (View).
• Package courses to meet your requirements in one go.
• Courses include webinars, Self-Study, MY-CPEshorts, and more.
• 500+ Subject areas covered (Including all updates). 
• Dedicated Dashboard to track and record your CPE.
• Track your CPE with an inbuilt CPE tracker.
• Mobile App for both iOS and Android.

Let’s dive deep into the free CPD courses.

1. GST/ HST Overview for Home Builders

By David Crawford

The exclusive free webinar will help the individual with the opportunity to expand their expertise in taxation. The domain of taxation is continuously evolving, and tax regulations change.

• Learn different property ownership structures and their GST/HST implementation.
• Tax obligation of Partnership, joint venture, and co-ownership.
• GST/HST consideration while transitioning property forms.
• Discuss indirect tax and new tax regulations such as UHT tax and Speculation and vacancy tax.
• The complexity of handling tax context in deposits, progress payments, and holdbacks. 

2. Big Data Analytics in Enhancing Financial Statement Analysis

By Gregory Holzel

In the digital era of a data-driven world, decision-making in the financial world is prominently dependent on big data analysis. It will evaluate your expertise and help in being a part of the future financial world.

• Learn Data mining to extract valuable insight from the financial statement.
• Learn predictive analysis to forecast the trend and analyze the potential risk.
• Decode unstructured data.
• Manage and analyze big data.

3. Canada Indirect Taxes for Remote Sellers

By David Crawford

The free course offers individuals a better insight into online commerce in the digital era of remote selling. This free CPD course will enable a CPA to develop a better insight and understanding of online commercial taxes and global VAT trends.

• Learn the changing commercial taxes.
• Understand Canada’s last four years of tax changes. 
• A clear understanding of GST/HST and PST. 
• Clear overview of US Sales Tax implementation.

4. Mastering Lease Accounting & Audit in the Digital Age

By Franco Massaro

Accounting and Finance professionals in the digital era often face challenges in managing the workflow, optimizing the operations, and ensuring the least accounting standard compliances. By the industrial expert Franco Massaro, the course will lead you to navigate and resolve complex lease accounting. 

• Discuss preparation and presentation of lease accounting for audit. 
• Manage bulk lease operations without harming the portfolio.
• Budgeting and budget planning for new and ending lease assets. 
• Streamline disclosure requirements such as 10Q and 10K. 
• Organize and manage the records in digital entries.      

In this course, you'll get a practical roadmap for handling lease, accounting, and reporting requirements in the real world. Discover how to prepare for audits with confidence, staying in sync with changes and smoothly adapting to them. It's all about staying connected and relevant in your accounting practice.

5. A Deeper dive into REITs : An Advanced Exploration for Professional Advisors

By Rich Arzaga

The masterclass offers CPA professionals and advisors a deep insight into the REITs to develop expertise in Real Estate Market Investment. The course will help the advisor guide your client in making an informed decision regarding REIT investment. 

• Advantages of strategically incorporating REITs into a client’s investment portfolio. 
• Deep knowledge saves the portfolio in times of market volatility.
• Market dynamics, tax compliances, risk tolerance, and other critical factors can be assessed before investing.

MY-CPE is a one-stop solution for chartered professional accountants in Canada to attend courses that align with the credit requirement mentioned for the CPA CPD. It offers courses in multiple fields to earn and record the credit throughout the years.

Conclusion

Choosing the courses will contribute to your professional development and meet the required CPD compliances. Selecting the courses may depend on the professional’s development needs, Relevance to the industry, and area of interest.

FAQs

Are free Courses legitimate and credible?

CPAs in Canada can select the courses for their potential skill development and improve their CPD credit. But it must be from a legitimate source. Multiple online sources offer CPD for free, but the licensing and approval must be checked in the first place.

Are the free credits authentic?

Yes, the credits earned are authentic and meet the continuous education requirements of the CPA Canadian Board, but the free credits must be from legitimate and approved providers.

Does MY-CPE provide Free CPD Courses?

Yes, at MY-CPE, CPAs Canada have access to free ethics courses. By registering for a free trial, you can enjoy the latest and trending courses for free.

Are MY-CPE courses applicable for CPD?

Courses provided by MY-CPE are applicable for CPD credits requirements of the CPAC Board.

Allen Smith

Learning Consultant

The Authors, Allen Smith is a Practicing Certified public accountant and senior vice president at myCPE – Continuing Education Platform for Professionals. He understands the current needs of the education domain and strategies for the presenters to adapt the new changes.